Rambus Inc expected to post earnings of 37  cents a share - Earnings Preview

Rambus

30/04/2022 03:03

* Rambus Inc  RMBS.OQ   RMBS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 2. 
    * The San Jose California-based  company is expected to
report  a
21.8% increase in revenue to $127.9 million from $105 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rambus Inc is for
earnings of 37 cents per share. For the same quarter last year,
the company reported earnings of 30 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rambus Inc
is
$32​, above​ its last closing price of $24.91. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.37        0.37       0.39      Beat    5.4
 Sep. 30 2021  0.33        0.33       0.34      Beat    3
 Jun. 30 2021  0.31        0.31       0.34      Beat    9.7​
 Mar. 31 2021  0.28        0.28       0.30      Beat    8.1
 ​​Dec.        0.25        0.25       0.32      Beat    28
 31 2020                                                
 Sep. 30 2020  0.27        0.27       0.30      Beat    11.1​
 Jun. 30 2020  0.25        0.25       -0.05     Missed  -120
 Mar. 31 2020  0.23        0.23       0.32      Beat    39.1
 This summary was machine generated April 30 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated